Cash and Liquidity Management

FACT SHEET Cash and Liquidity Management

KYRIBA FACT SHEET Cash and Liquidity Management

Optimize Your Cash Key Capabilities: • Cash positioning Answering fundamental questions about the organization’s cash position, such as • Cash forecasting and reconciliation location, currency and liquidity position, can be a seemingly monumental task. It • In-house banking can require multiple employees spending many hours using disparate tools and data • Generate journal entries for bank sources. Having clarity and visibility into the organization’s cash is a fundamental and vital requirement for any treasury department to support critical financial decisions (cash) transactions and strategic business objectives. • Post transactions to general ledger • Reconcilement of bank transactions Kyriba’s Cash and Liquidity Management provides that visibility. Kyriba is recognized to accounting entries as the market-leading global cash management solution, providing comprehensive capabilities in an intuitive and easy-to-use solution. Kyriba delivers timely and Software-as-a-service (SaaS): accurate global cash visibility, across all banks, in all regions, and enables treasury • No maintenance fees teams to create accurate forecasts that deliver confidence throughout • Subscription-based the organization. Security: Kyriba’s solution benefits organizations by allowing treasury departments to spend • SOC 1 and SOC 2 compliant more time on higher value tasks, and supporting decision-making activities, rather • Redundant disaster recovery than spending countless hours on less valuable activities. • Encryption, authentication and administration • Audit trails

Cash Management and Forecasting Reporting: • Hundreds of configurable reports Kyriba’s Cash Management and Forecasting automates the preparation and • Out-of-the-box dashboards reconciliation of the organization’s daily cash position, before the business • Automated scheduling day begins. Starting with the cash position worksheet, Kyriba’s clients have a • PDF, Excel and HTML formats powerful and intuitive way to visualize cash positions through the combination • Distribute reports via email of bank balances and transactions with expected cash flows. This ensures that clients always have up-to-date and realtime insights into positions across banks, accounts, entities, and regions.

kyriba.com • 1-855-KYRIBA-0 The use of powerful cash forecasting analytics allow organizations to compare forecasts to actuals for any horizon to help improve forecast accuracy.

With an accurate and up-to-date cash position, as the starting • Seamless integration with the Kyriba system — The cash point, clients can use Kyriba’s cash forecasting capabilities to position is updated continuously in real-time, so any changes build and analyze global cash forecasts by day, week, month or made to a forecast – including from other Kyriba modules – year by leveraging multiple sources of data, including repetitive will be automatically available on a client’s worksheet(s). items, import of ERP data, integration with other Kyriba modules, • Target balances — Cash pooling allows target balances to and extrapolation of historical data. The use of powerful cash be set in a hierarchical manner, ensuring that recommended forecasting analytics allows organizations to compare forecasts funding and drawdowns are predicted, and can automatically to actuals for any horizon to help improve forecast accuracy. occur in combination with the Payments module. Cash Management key capabilities include: Cash Forecasting key capabilities include: • Dynamic reporting — Personalized cash position worksheets and period-based views provide the summary of balances • Import from ERP — A/P and A/R detailed or summary level and their evolution over time, while the daily view provides data, and other internal systems. a categorized summary of the actual and forecasted cash • Forecast reconciliation — Access powerful analytics, movements of the day. comparison of forecasts to actual bank transactions based on a combination of customizable criteria including account, amount, date, and reference. One-to-one, one-to- many, and many-to-many matches are available. Compare estimated and confirmed forecasts to actuals, and analyze variances for any user-definable period. Users can also support working capital management by reconciling open receivables against cash receipts to report on A/R variances, calculate days of sales outstanding, and improve cash predictability.

• Historical data — Generate cash forecasts using any regression, trending and averaging of prior transactions and Kyriba’s interactive heat map report shows where liquidity is available across the globe. The bigger the green circle, the more cash flows. cash is available. • Easy entry — Rely on straightforward input of forecast data • Global positioning — Cash position can be viewed by region using standard entry forms. and/or by currency. Foreign currencies can be viewed based • Repetitive items — Modeling features are based on user- upon exchange rates or positions can be viewed in their defined frequencies, including cyclical variances and native currency. nonbusiness days. • Liquidity — Analyze total liquidity by incorporating desired • Seamless integration — Kyriba’s entire suite automatically investment and credit data from the Debt and Investment updates the cash forecast so cash flows are available in modules. A dedicated liquidity report aggregates and sums real-time. data in worksheet, graphical or interactive map forms.

• Viewing the forecast — Personalize forecast views based • Multi-entity — View position by individual entity, or analyze upon period of time series, line items, business units, corporate-wide cash position - configurable to each client’s user-defined groupings, and additional information, such as requirements. Full drill-down allows viewing the summary borrowing or investing activity. as well as supporting detail.

kyriba.com • 1-855-KYRIBA-0 Kyriba is recognized as the market-leading global cash management solution, providing comprehensive capabilities in an intuitive and easy-to-use solution.

In-House Banking

Kyriba’s In-House Banking module allows organizations to track and report intercompany transactions between a parent company and its subsidiaries to help organizations pool cash and more efficiently borrow, invest or hedge exposures. The module offers:

• Interest calculations — These may be assigned for the calculation of interest income or interest expense, for each subsidiary company.

• Flexible setup — Kyriba’s flexible data structure allows clients to customize their accounts, entities, structures and workflows based on business needs, including multi-currency pools, regulated and non-regulated structures, and multi-tier hierarchies.

• In-house bank transactions — Cash transactions are generated from bank transactions, such as zero-balance account items, sweep transactions, payments, or financial transaction settlements. Non-cash transactions can be imported from the ERP, or can be generated from the Cash Forecast or Netting modules. Subsidiaries can also directly enter or import transactions.

• In-house bank balances — In-house bank account balances are automatically calculated so central treasury teams can view all balances by subsidiary and by currency pair, helping head offices determine the group cash requirements on a daily basis, as well as more frequently managing subsidiary cash requests.

• Reporting to subsidiaries — Affiliates can inquire about their internal and external balances, account and interest statements, and internal deals (debt, investment, FX) at any Kyriba’s intuitive dashboards feature up-to-date snapshots of key trends related to cash and liquidity, working capital and more. time through multiple reporting functions (account statement, cash-flow ledger, cash position worksheet). Internal interest statement invoices can be personalized and published. Debit/Credit interest transactions are generated automatically once interest statements are approved.

• Accounting entries — Full accounting support is offered, so that journal entries can be generated for interest calculations. In addition, entries can be created for in-house cash or non-cash movements. All transactions are approved and posted to the general ledger as part of the standard GL posting workflow.

kyriba.com • 1-855-KYRIBA-0 Kyriba’s Cash and Liquidity Management benefits organizations by allowing treasury departments to spend more time on higher value tasks, and supporting stretegic decision making, rather than spending countless hours on less valuable activities.

Cash Accounting GL Reconciliation

Kyriba’s Cash Accounting eliminates the timeiconsuming While GL reconciliation is an important process, it can be a effort and error-prone manual process of posting to the GL time-consuming and painstaking undertaking. Kyriba’s GL by automating the GL entry process, generating dual and Reconciliation automates this process by reconciling bank multi-sided entries from bank and internal cash transactions. transactions to accounting entries, providing organizations Automated rules scan transaction characteristics in order to with improved productivity and reduced exposure to the risk apply the appropriate GL accounts, creating a set of entries of errors. Bank transactions available in Kyriba, are matched that are electronically integrated with the GL, on a scheduled against accounting entries imported from the GL, based on and fully automatic basis. Cash Accounting benefits all types user-defined rules for a true bank-to-book reconciliation. GL of organizations, whether global, complex, centralized or Reconciliation also supports regulatory reporting by providing decentralized, by supporting multicurrency and multiple charts proof that bank activity is synchronized with the GL bookings of accounts. and by segregating duties between the reconciliation process and the generation of GL entries.

About Kyriba Kyriba is the global leader in cloud financial management solutions that enable forward-thinking treasury and finance teams to optimize cash and risk management, payments and working capital strategies. Kyriba delivers a highly secure 100% SaaS platform, superior bank connectivity and a seamlessly integrated solution set for tackling many of today’s most complex financial challenges. With Kyriba, global organizations can streamline key processes, enhance fraud protection and compliance, and drive more growth opportunities through improved decision support and forecasting. Kyriba is the trusted partner for more than 1,600 leading business, including many of the world’s largest brands. Kyriba is headquartered in New York, with offices in San Diego, Paris, London, Tokyo, Dubai and other locations. For more information, visit www.kyriba.com.

kyriba.com • 1-855-KYRIBA-0